ETH. ETH/USD 10-Day forecast and technical analysis by pretiming.

ETH/USD 10-Day forecast and technical analysis by pretiming.
◆ Closed price
Jun 06, 2023	1,884.65	4.05%
◆ Appropriate Investment Position: Sell
◆Today's Buy-Sell strength analysis
The current trend appears to be 'Entering an uptrend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a stronger upward rate than the current trend.
The overall buy-and-sell strength indicates that the buy strength is stronger than the sell.
Assuming that the average buy strength is 100%,
Today's buy strength is	266%
◆ Tomorrow's Buy-Sell strength Forecast
Based on recent market trends and technical analysis, it looks like ETH/USD is poised for a Downtrend tomorrow
The %strength of Risk & Return tomorrow :			-97%
HIGH ~ LOW % range tomorrow :		0.0%	-2.2%
Predicted Average loss over the next 3 days:			-4.7%
◆ ETH/USD 10 Day forecast
It is expected that the overall trend movement over the next 10 days will follow a strong downward direction, with a ratio of 6 : 4 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is higher, while the upward strength is moderate. Currently, it's about to begin an uptrend as a correction trend gradually transitions to small declines and strong rises. and The Buy-Sell strength has changed from a strong selling flow to a suddenly strengthening buying flow.
Indicating that [Bearish] We are currently in a bearish zone so far. But It is likely to change to a bullish zone within a few days. A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be in 2 days.
And the appropriate buying timing is predicted to be in 4 days.
(Forecast may change due to changes in the Buy-Sell strength)
◆ Volatility of forecast
Due to sudden changes in Buy-Sell strength that can cause instability in trend linkage, pretiming forecasting can be highly volatile.
◆ Predicting the turning point of the trend
The probability of a trend reversal occurring approximately 5 days from now, 9 days from now			40%
◆ Forecast of Upper~Lower price range over the next 10 days
Price:	1,781.88	~	1,922.34
% Change:	-5.5%	~	2.0%
Median price between the upper and lower prices		1,852.11	-1.7%
◆ Analysis of the trend zone & level% and average strength of trends
For the last 30 days, the average trend zone & level%		Bearish	-2%
The Current trend zone & level%		Bearish	0%
The expected average trend zone & level% for the next 10 days		Bearish	-33%
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of		32%	(Max 100%)
And if it moves downward, it is expected to have a downward strength of		-91%	(Min -100%)
◆ Forecasting the strength of the trend and the range of the HIGH ~ LOW
Trend	Strength%	HIGH	LOW
In 1 day: Downtrend	-97%	0.0%	-2.2%
In 2 days: Downtrend	18%	0.7%	-0.5%
In 3 days: Downtrend	-98%	0.1%	-2.9%
In 4 days: Downtrend	-98%	0.1%	-2.8%
In 5 days: Entering a rebound trend	26%	1.1%	-0.7%
In 6 days: Rebound trend	44%	4.8%	-0.4%
In 7 days: Rebound trend	44%	2.7%	-0.9%
In 8 days: Rebound trend	28%	1.7%	-0.8%
In 9 days: Entering a downtrend	-65%	0.6%	-1.7%
In 10 days: Downtrend	-100%	0.1%	-3.0%
◆ Average closing price in case of rising:			1.5%
=> HIGH ~ LOW range:	2.7%	~	-1.3%
◆ Average closing price in case of falling:			-1.7%
=> HIGH ~ LOW range:	1.1%	~	-2.4%
Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.